Why Agents Should Know Their License Number—If You Have One

April 28, 2016

Has one of your lenders asked you for your license number? Wondering why they’re asking for this information? Lenders need this information because the contact information section on page five of the Closing Disclosure asks for the settlement agent’s state identification number. Licensing of title/settlement agents varies by state. Some states require companies to be licensed, while other states require each individual to be licensed.

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Contact ALTA at 202-296-3671 or communications@alta.org.

[eGuide] Access 'The Title Operator's Guide to Implementing ALTA Best Practices' from Qualia.